RBC Capital Maintains Outperform on Compass Pathways, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Leonid Timashev maintains an Outperform rating on Compass Pathways (NASDAQ:CMPS) but lowers the price target from $23 to $18.
November 01, 2024 | 4:44 pm
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RBC Capital maintains an Outperform rating on Compass Pathways but reduces the price target from $23 to $18, indicating a more cautious outlook.
The reduction in the price target from $23 to $18 suggests a more cautious outlook on Compass Pathways' future performance, which could lead to a short-term negative impact on the stock price despite the maintained Outperform rating.
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IMPORTANCE 80
RELEVANCE 100